Price for Tungsten (Wolfram); Waste and Scrap in Indonesia - 2022
Contents:
- Price for Tungsten (Wolfram); Waste and Scrap in Indonesia (FOB) - 2022
- Exports of Tungsten (Wolfram); Waste and Scrap in Indonesia
Price for Tungsten (Wolfram); Waste and Scrap in Indonesia (FOB) - 2022
In 2022, the average export price for tungsten (wolfram); waste and scraps amounted to $14,174 per ton, which is down by -13.4% against the previous year. Over the period under review, the export price saw a slight descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36% against the previous year. The export price peaked at $19,394 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($22,181 per ton), while the average price for exports to the United States ($2,925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Tungsten (Wolfram); Waste and Scrap in Indonesia
In 2022, after two years of decline, there was significant growth in overseas shipments of tungsten (wolfram); waste and scraps, when their volume increased by 33% to 94 tons. Overall, exports, however, continue to indicate a abrupt setback.
In value terms, tungsten (wolfram); waste and scrap exports surged to $1.3M in 2022. In general, exports, however, saw a abrupt contraction.
| Export of Tungsten (Wolfram); Waste and Scrap in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 555 | 431 | 379 | 378 | -12.0% |
| Taiwan (Chinese) | 451 | 654 | 163 | 267 | -16.0% |
| Thailand | 291 | 67.6 | 272 | 130 | -23.6% |
| Hong Kong SAR | 146 | 114 | 139 | 57.0 | -26.9% |
| Japan | 40.6 | 112 | 49.6 | 55.7 | 11.1% |
| Singapore | 191 | 42.8 | 48.8 | 18.6 | -54.0% |
| India | 7.9 | 21.6 | 8.9 | 7.9 | 0.0% |
| United States | 8.5 | 8.0 | 11.7 | 5.7 | -12.5% |
| Others | 60.6 | 63.9 | 85.2 | 416 | 90.1% |
| Total | 1,751 | 1,515 | 1,157 | 1,336 | -8.6% |
Top Export Markets for Tungsten (Wolfram); Waste and Scrap from Indonesia in 2022:
- Taiwan (Chinese) (25.0 tons)
- Germany (17.0 tons)
- Hong Kong SAR (12.5 tons)
- Thailand (8.5 tons)
- Japan (4.9 tons)
- India (2.5 tons)
- United States (2.0 tons)
- Singapore (1.6 tons)
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